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Aug 20, 2013
08/13
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no wonder volt is america's best-selling plug-in. that's american ingenuity to find new roads. ♪ the 2013 volt. charge ahead of the rest in the hov lane. ♪ >> so are you ready to do some business? >> i'm not giving up full financial control of my company. >> you don't know anything about cost and materials. you don't know anything about pricing. you don't even own planetpopcorn.com. i own it. every time i go into a business, i do research. and finding out that they didn't own planetpopcorn.com, well, my first order of business was to make sure that i had it. i already got it for you. and it's ready to go. i also own popone.com, which is an organic line that we're gonna create. so if you want to talk to me about moving fast and giving opportunities-- >> if you were my partner and this thing failed, you would still be a rich man tomorrow and i would be broke. >> but if you fail by yourself... >> right. >> you're still failing. >> true. >> so what's the difference? >> it's--the control thing is hard for me. i've always prided myself
no wonder volt is america's best-selling plug-in. that's american ingenuity to find new roads. ♪ the 2013 volt. charge ahead of the rest in the hov lane. ♪ >> so are you ready to do some business? >> i'm not giving up full financial control of my company. >> you don't know anything about cost and materials. you don't know anything about pricing. you don't even own planetpopcorn.com. i own it. every time i go into a business, i do research. and finding out that they didn't...
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Aug 21, 2013
08/13
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almost 50% of the business in north america comes from mobile, and internationally, it's growing very rapidly. so two powerful trends, and it's also turnaround story that is working with north america billings having accelerated, tech rates getting better, operating costs in check. so a different company than most people are thinking. >> aaron, build the bear case here. why is arvind wrong? >> i won't say it's totally wrong. i will say the local -- the core local business is still in decline, about 4% year over year, positively the u.s. business has stabilized. we're not seeing a return to growth yet in the core locals business. if you look at the groupon goods business, that's growing 50% year over year, but essentially 0% margin. so we're less positive on the future outlook on the goods business, more positive on the local operating margins. i haven't seen the growth return yet, and international still declining. i'd like to see that business reaccelerate to get more positive at this point on groupon. at these valuation levels. so now the stock is up 100%, now you're trading at 30 t
almost 50% of the business in north america comes from mobile, and internationally, it's growing very rapidly. so two powerful trends, and it's also turnaround story that is working with north america billings having accelerated, tech rates getting better, operating costs in check. so a different company than most people are thinking. >> aaron, build the bear case here. why is arvind wrong? >> i won't say it's totally wrong. i will say the local -- the core local business is still...
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Aug 26, 2013
08/13
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and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. we provide the exact individualization that your body needs. this labor day, don't invest in a mattress until you visit a sleep number store. once you experience it, there's no going back. oh, yeah! at our biggest sale of the year, every bed is on sale. queen mattresses now start at just $599. and through labor day only, save 50% on our limited edition memory foam mattress sets. only at a sleep number store. sleep number. comfort individualized. that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. ...and a great deal. . grrrr ahhh let's leave the deals to hotels.com. oh my gosh this is so
and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. we provide the exact individualization that your body needs. this labor day, don't invest in a mattress until you visit a sleep number store. once you experience...
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Aug 26, 2013
08/13
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>> bottom line is that in the game of legal education in america is the wake. it is the -- that you have to pay to be allowed to play the game. give me your take? >> is that true? >> it depends on the law school. the notion that the third year of law school is valueless is not the case. all three of us and president obama attended law schools for three years and i suspect we have the goodness a nesness and badness of that experience. let the markets decide. students will vote with their feet. >> i think a lot of people who have talked about this two year program, you can actually be working somewhere learning about how the law looked in a real world. i might be getting paid yourself. so it is a great way to improve the practical training. it is a win win. what would it do if you watched your tuition be cut by a third? >> we would have to make adjustments. if we can't justify the third year, warrant the students to pay tuition because of the practical skills training that we offer. then we shouldn't collect their tuition. we should think about whether we end up
>> bottom line is that in the game of legal education in america is the wake. it is the -- that you have to pay to be allowed to play the game. give me your take? >> is that true? >> it depends on the law school. the notion that the third year of law school is valueless is not the case. all three of us and president obama attended law schools for three years and i suspect we have the goodness a nesness and badness of that experience. let the markets decide. students will vote...
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Aug 20, 2013
08/13
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to america. to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] >>> hi, i'm jen. nice to meet you. thank you for meeting with us. we really appreciate it. >> you're very welcome. >> this is a big meeting. i'm hopeful jen can rise to the occasion. >> which of your products would use as a disin fafecter? >> it's made with vinegar. which kills up to 96%. >> in terms of aroma -- >> ammonium bleach, that's okay, you know? it's just funny to me. >> it sounds like a great product. we have one or two other vendors that w
to america. to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while...
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Aug 24, 2013
08/13
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no wonder volt is america's best-selling plug-in. that's american ingenuity to find new roads. ♪ the 2013 volt. charge ahead of the rest in the hov lane. ♪ >> without my money, without my help, this business that you love--it all will go away very fast. look, robin, the deal is very clear to me. i will do $250,000 in debt... >> mm-hmm. >> which means that i'm essentially funding the equipment... >> mm-hmm. >> and funding your inventory. >> mm-hmm. >> and i will do $250,000 in equity for 20%. that's a total of $500,000. that's my deal. that's my offer. take it, or you leave it. >> every inch of this business, every second from beginning to end, it's me, and when you say, like, "oh, can you give up control over something?" yeah, i can, but i don't want to. this business is in my blood. so, if it doesn't make it, it's devastating. i cannot imagine a world without eco-me. i really--i really can't. >> do we have a deal? >> let's do it. >> okay. the purpose of me being here is to help you fix the business... >> mm-hmm. >> and for the n
no wonder volt is america's best-selling plug-in. that's american ingenuity to find new roads. ♪ the 2013 volt. charge ahead of the rest in the hov lane. ♪ >> without my money, without my help, this business that you love--it all will go away very fast. look, robin, the deal is very clear to me. i will do $250,000 in debt... >> mm-hmm. >> which means that i'm essentially funding the equipment... >> mm-hmm. >> and funding your inventory. >> mm-hmm....
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Aug 7, 2013
08/13
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for example, made in america, baked in america, quote, assembled in america, and the very cool lava lamp, old sold in america, because it's made in china. but wait. there's more. ♪ careful. shopping these days is like going to the united nations. pakistan. china. usa. do we really care where most things come from? made in america. made in thailand. made in canada. ♪ nearly half of americans say they'd be more likely to buy a product if it was stamped "made in the usa" according to a survey. 60% told "consumer reports" they'd pay 10% more. made in the usa. do we know what comes from the u.s. and what doesn't? home depot gave us free rein to check. the non-sexy stuff, the stuff under the floors, the raw materials, that's the stuff usually made in the usa, like lumber. concrete. drywall. on the other hand, almost all of the light fixtures are made outside of the country. this is china. china. china. china. and -- china. black & decker, an american company, made in china. dewalt, made in mexico. milwaukee, made in china. toilet made in china. toilet seat made in america. over at target -
for example, made in america, baked in america, quote, assembled in america, and the very cool lava lamp, old sold in america, because it's made in china. but wait. there's more. ♪ careful. shopping these days is like going to the united nations. pakistan. china. usa. do we really care where most things come from? made in america. made in thailand. made in canada. ♪ nearly half of americans say they'd be more likely to buy a product if it was stamped "made in the usa" according to...
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Aug 23, 2013
08/13
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all of america has a stake in this game. from a pr point and i think it is going to attract the attention of regulators. you have a public responsibility because there is a public trust in running a stock exchange and he proek that. >> when you talk to the leaders who do this all the time. there is a reason why you put the president of the united states out, anytime of problem why is that? the public needs to hear from the leader to hear what has happened. and what they are doing to fix it and it sends a message that somebody is in control and that the problem is being dealt with. that didn't happen with nasdaq although on the lower scale there, you need to have somebody who is a leader out front saying here is what is wrong and here is what we know about it. i'm in charge we are wrapping this segment up. >> all right thank you very much, john. >> simon? >> thank you very much. joining us now on the phone the founder of nanex. he is joining us because he is concerned about the role that traders are playing for us. >> one of
all of america has a stake in this game. from a pr point and i think it is going to attract the attention of regulators. you have a public responsibility because there is a public trust in running a stock exchange and he proek that. >> when you talk to the leaders who do this all the time. there is a reason why you put the president of the united states out, anytime of problem why is that? the public needs to hear from the leader to hear what has happened. and what they are doing to fix...
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Aug 19, 2013
08/13
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. >> perhaps the most hotly debated stock in america which is actually if you can believe it jcpenney reporting tomorrow. what are you expecting? what are your keys? >> yeah. so on jcpenney, like you said, it's a stock coverage universe in itself. you know, the three hot button topics i think are, number one, same-store sales. the big question is have they ticked positive as speculation has it in august? we're actually modeling midsingle digit comps in the third quarter moving to high single digits in the fourth quarter. so they're going to need that trajectories against the negative 25-plus comps last year. the second is gross margin. we have gross margin down 680 basis points in the second quarter here. the question is when can they achieve stabilization to start to move back to historical levels, and the third is going to be liquidity. you know, it's probably a $1.2 billion cash burn in the quarter alone. when does this bleeding stop? >> in terms of the stock, i see you have a price tag of this marginally higher than where it is now. do you think sentiment has got so rock bottom in
. >> perhaps the most hotly debated stock in america which is actually if you can believe it jcpenney reporting tomorrow. what are you expecting? what are your keys? >> yeah. so on jcpenney, like you said, it's a stock coverage universe in itself. you know, the three hot button topics i think are, number one, same-store sales. the big question is have they ticked positive as speculation has it in august? we're actually modeling midsingle digit comps in the third quarter moving to...
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Aug 13, 2013
08/13
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no wonder volt is america's best-selling plug-in. that's american ingenuity to find new roads. ♪ the 2013 volt. charge ahead of the rest in the hov lane. ♪ >> am i wasting my time here, or are we about to get down and get to business? which one is it? is that your mom? >> yeah. >> is she coming here to help you negotiate? she's the real check-writer, right? so why don't we bring her in? hank's not the decision-maker here. very nice to meet you. >> to meet you. >> he may own 100% of the stock, but he doesn't even own 1% of the decision-making. in my brief day here--i was asked to come here by hank. i want to be very clear about that. i've concluded that this business is a total mess. and, mrs. maarse, i wish jacob could be here, because i'm sure jacob would throw me out. but the difference is is that i don't think things would be this way if jacob was here. hank, look, if you continue to do the same thing, your business is gonna close at some point. i know that she can afford to write checks forever because she doesn't want her hu
no wonder volt is america's best-selling plug-in. that's american ingenuity to find new roads. ♪ the 2013 volt. charge ahead of the rest in the hov lane. ♪ >> am i wasting my time here, or are we about to get down and get to business? which one is it? is that your mom? >> yeah. >> is she coming here to help you negotiate? she's the real check-writer, right? so why don't we bring her in? hank's not the decision-maker here. very nice to meet you. >> to meet you....
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Aug 26, 2013
08/13
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we think it's recovery growth where the stronger, consistent growth is coming from north america, especially in the u.s. as the manufacturing renaissance really drives earnings through cap x. you want to be more diversified within your industrial space and less so focused on the areas that only focus on china and emerging markets or europe. you want to be more diversified across sectors. >> dean, the pullback, do you invest in defensives or what do you do here? >> yeah. i mean, so right now the areas we tend to overweight are technology, health care and to a lesser extent consumer cyclical. we are reducing the exposure. the tricky part is we're not really seeing a lot of pent-up growth from our perspective particularly in the areas tied to the industrials and so you're trying to balance out the area that is are particularly attractively valued with some of the -- still can find the health care names where expectations have been set low enough to be met or exceeded where some of the tech stocks come in. >> david, in light of the very low volume, i think today could be potentially on track to
we think it's recovery growth where the stronger, consistent growth is coming from north america, especially in the u.s. as the manufacturing renaissance really drives earnings through cap x. you want to be more diversified within your industrial space and less so focused on the areas that only focus on china and emerging markets or europe. you want to be more diversified across sectors. >> dean, the pullback, do you invest in defensives or what do you do here? >> yeah. i mean, so...
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Aug 22, 2013
08/13
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. >> and what about the confidence of corporate america? for example, if you are a company that wants to list, you're watching what's happening here, you're thinking, you know what, i really don't want to take my chances with nasdaq. >> he just moved two weeks ago to the new york stock exchange. >> if you look at the analyst remss on the nasdaq itself, i believe there is only one. on january 30, goldman sachs put the sellout on the nasdaq and basically said the probability of a transaction like you saw in december, with ice, with the new york stock exchange, happening with the nasdaq is low. i think it just got lower. >> guys, thank you so much. we have a special guest we want to bring in right now. david wield is former vice chairman of the nasdaq. your take on this situation, what do you believe happened, when do you believe the markets a will reopen? >> i don't have a crystal ball, so i don't know. i'm not on nasdaq's side trying to get it figured out. they'll get it open when they get it open, and hopefully they can have an orderly open
. >> and what about the confidence of corporate america? for example, if you are a company that wants to list, you're watching what's happening here, you're thinking, you know what, i really don't want to take my chances with nasdaq. >> he just moved two weeks ago to the new york stock exchange. >> if you look at the analyst remss on the nasdaq itself, i believe there is only one. on january 30, goldman sachs put the sellout on the nasdaq and basically said the probability of...
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120
Aug 8, 2013
08/13
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its recovery, having the best day since the ipo, the company reporting a record quarter for its north america business on a better than expected 7% jump in revenue. it named cofounder eric lefkofsky, and announced -- the stock is up about 125, 126%. >>> fannie mae bringing in -- the government-controlled mortgage giant has earned a profit six straight quarters. diana olick is live on the real debate in washington. diane that? >> reporter: well, that's right. that net income is nearly twice the income earned in q2 of last year. as you said the company's sixth consecutive quarterly profit. the mortgage giant, which along with freddie mac, now backed nearly two thirds of all new loans, reported a positive net worth of $13.2 billion as of june 30th and will may taxpayers as a different on the senior preferred stock. treasury performed some of that is stock to keep the company afloat, and after the september dividend payment, fannie mae will have paid approximately 105 billion, trim mayopolis said we expect or revenues to be stable and earnings to be strong over the next few years. it was driven b
its recovery, having the best day since the ipo, the company reporting a record quarter for its north america business on a better than expected 7% jump in revenue. it named cofounder eric lefkofsky, and announced -- the stock is up about 125, 126%. >>> fannie mae bringing in -- the government-controlled mortgage giant has earned a profit six straight quarters. diana olick is live on the real debate in washington. diane that? >> reporter: well, that's right. that net income is...
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Aug 1, 2013
08/13
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>> russia loves to have america begging. it loves to have president obama looking like another jimmy carter. they wanted to us big for information about the tsarnaev brothers, the boston bombers. they want us to beg for them to stop supplying president assad of syria with modern weapons. now they had obama begging to let mr. snowden go. this is exactly where according to russian political culture you should have your political adversary at. on his knees begging. that's what gives them the biggest kick. >> putin has said -- i'm not going to defend putin. i'm just saying putin said earlier russia has never pushed anyone out who wanted asylum. i just wonder what else should obama have done or what else should eric holder have done? >> well, there are plenty of people we know of who are spying for russia, so some kind of a swap was possible, i think, if we wanted to play what the russian play. the favorite russian political sport is hard ball. we didn't want to do it. weep said that we're going to go through the legal channels.
>> russia loves to have america begging. it loves to have president obama looking like another jimmy carter. they wanted to us big for information about the tsarnaev brothers, the boston bombers. they want us to beg for them to stop supplying president assad of syria with modern weapons. now they had obama begging to let mr. snowden go. this is exactly where according to russian political culture you should have your political adversary at. on his knees begging. that's what gives them the...
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Aug 8, 2013
08/13
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courtney reagan joins us for the series "made in america." aka courtney in a. >> should be buying imports. >> without a lot of american businesses and the american workforce could be caught like fish out of water. sea foods in boston relies on imports. the company ships more than 36 million pounds of seafood every year, and most of that is sourced overseas. >> in 1985, about 80% of what they did was domestic fish. at this point it's flipped. we've seen that import has helped us. >>> 84 years old stampish haus grown eightfold to 126 employ crease in the last three decades. consumers now want their fish year round. maura, who does research, and dozens of other companies and trade organizations is finding what she calls an outdated perception that exports are good, and imports are bad. more imports, more jobs, more growth, more connection with the global economy in the 21st century. >> bachmann says 16 million american jobs exist solely because of imports. >> we've got shrimp out of indonesia and india. on the other side over there, tilapia, whi
courtney reagan joins us for the series "made in america." aka courtney in a. >> should be buying imports. >> without a lot of american businesses and the american workforce could be caught like fish out of water. sea foods in boston relies on imports. the company ships more than 36 million pounds of seafood every year, and most of that is sourced overseas. >> in 1985, about 80% of what they did was domestic fish. at this point it's flipped. we've seen that import...
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Aug 20, 2013
08/13
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and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. >>> things are heating up on "mad money." all week, i'm looking at this market's hottest trends. it's in our cookout series. and tonight we're going 100% organic. regular viewers know i've been a huge backer of the organic food theme for years now. organic food is a $63 billion industry worldwide growing at 9.5% cl
and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000...
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Aug 14, 2013
08/13
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do they impact the men in america? >> they definitely do. because it is easier to connect with technology than to reality. you're not going to be rejected when you're connected to technology and it's a one-on-one thing. so you're avoiding intimacy. it's a fake reality, truly because you could be ram bbo in the call of duty. but not if you feel scrawny and insecure. >> does it affect your business when it comes to matchmaking? >> it potentially could. it's one more avoidance, one more addiction. one more thing to stop people from engaging and connecting. it's actually upsetting. >> so if they didn't play, maybe you'd have more business? >> no, i like my men to be manly and i'm not upset about guys who play video games, i'm upset about guys who wax. so men of america, i'm defending your right to play "call of duty," there are worse things men could be doing in their free time than playing "call of duty." and one of the other things underrated, we're going to be well prepared for a zombie apocalypse. i'm completely good. >> what if it's eight h
do they impact the men in america? >> they definitely do. because it is easier to connect with technology than to reality. you're not going to be rejected when you're connected to technology and it's a one-on-one thing. so you're avoiding intimacy. it's a fake reality, truly because you could be ram bbo in the call of duty. but not if you feel scrawny and insecure. >> does it affect your business when it comes to matchmaking? >> it potentially could. it's one more avoidance,...
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Aug 5, 2013
08/13
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we're having fun. >> up next, america's store hops on the america-made bandwagon but will this patriotic push really work for walmart? and you've got to see this. everybody was fine, but it's the most epic driving test fail you'll ever see. >> and speaking of driving, check out this youtube video. it's gotten a million plus views. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." [ male announcer ] you wait all year for summer. ♪ this summer was definitely worth the wait. ♪ summer's best event from cadillac. let summer try and pass you by. lease this cadillac srx for around $369 per month or purchase for 0% apr for 60 months. come in now for the best offers of the model year. f-f-f-f-f-f-f.
we're having fun. >> up next, america's store hops on the america-made bandwagon but will this patriotic push really work for walmart? and you've got to see this. everybody was fine, but it's the most epic driving test fail you'll ever see. >> and speaking of driving, check out this youtube video. it's gotten a million plus views. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more...
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Aug 2, 2013
08/13
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bank of america data showing etfs topped 6.6 billion last week compared to 1.6 billion in outflows from bonds. bob, you kind of heard our talk, you know, rant, whatever you want to call at the top, everybody loves stocks and housing is hospital starting to get nervous that things are almost too euphoric. what's your take? >> i'm not sure euphoric yet, brian. we've traded past the upper end of the range we established before, but there's still a lot of doubt out there, a lot of naysayers, i think the market will continue to climb the wall of worry and the fact that stocks are cheaper than a lot of other things and a lot of other things have ceased to be attractive. cash seized to be attractive some time ago and now bonds are struggling and stocks have been the game in town. there's more money coming in as you pointed out. >> is the stock market then, bob, fundamentally attractive based on earnings, valuations or price-to-book sales or is it simply the best of any other option? >> it's certainly some of both, but i think it's a both and and not a both or and that is to say stocks have a y
bank of america data showing etfs topped 6.6 billion last week compared to 1.6 billion in outflows from bonds. bob, you kind of heard our talk, you know, rant, whatever you want to call at the top, everybody loves stocks and housing is hospital starting to get nervous that things are almost too euphoric. what's your take? >> i'm not sure euphoric yet, brian. we've traded past the upper end of the range we established before, but there's still a lot of doubt out there, a lot of naysayers,...
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Aug 20, 2013
08/13
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so far, united, bank of america, verizon, intel and cisco. that basically does it, tyler. >> that's right. >> for this edition of "power lunch." >> remember, simon, weed does no cure the common cold. that will do it for this edition of "power lunch." "street signs" starts now. >> well, apparently the death of the american consumer has once again been greatly exaggerated. retailers everywhere are soaring today. we've got your full roundup of the winners and even bigger winners ahead along with what's old that seems to be new again. we'll explain. >>> so what is the safest place for your hard-earned cash right now? the ceo of one of wall street's biggest firms brings you actionable advice. >>> plus, left for dead stocks. should you take names acting more like zombies than superstars? >>> you won't believe the latest toy of the super rich. we're going to show you. it's very cool. "street signs" starts now. >> indeed it does. let's take a look at those markets. we may be higher right now for the stock markets. the dow is still on pace for its wor
so far, united, bank of america, verizon, intel and cisco. that basically does it, tyler. >> that's right. >> for this edition of "power lunch." >> remember, simon, weed does no cure the common cold. that will do it for this edition of "power lunch." "street signs" starts now. >> well, apparently the death of the american consumer has once again been greatly exaggerated. retailers everywhere are soaring today. we've got your full roundup of...
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Aug 1, 2013
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biggest winners today, itt corp, american express, bank of america and sandis. ty, that's it. >> sue, that will do it for this edition of "power lunch." >> "street signs" begins now. see you tomorrow. >>> and it's all about street signs on today's "street signs." stocks continue on a tear. tech really soaring. it's all good news today. we're going to ask tesla if they still deserve your hard-earned money. looking for opportunities outside the country? what russia has done that should give you pause again. small is very big lately. the companies are doing better than the overall market. your guest
biggest winners today, itt corp, american express, bank of america and sandis. ty, that's it. >> sue, that will do it for this edition of "power lunch." >> "street signs" begins now. see you tomorrow. >>> and it's all about street signs on today's "street signs." stocks continue on a tear. tech really soaring. it's all good news today. we're going to ask tesla if they still deserve your hard-earned money. looking for opportunities outside the...
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Aug 12, 2013
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now billionaire ilan musk wants to revolutionize high-speed travel in america. phil lebeau joins us now. we understand his announcement, more details in maybe an hour's time. >> we'll hear about the hyperloop, or at least his vision of it. the hyperloop hoopla is what we're looking at, because we don't have an indication of what he's going to tell us. he told us it's a theory. not a company he's forming. it's his vision of the future. it will be solar-powered and have the cost lower than what it would take to take a comparable trip in planes or trains. he tweeted a few hours before he pulled an all-nighter developing his hyperloop plan. the hyperloop will have an open architecture, so in other words, if other technology companies, other software engineers, if they want to add to the hyperloop that he throws out there, that's a possibility. i want to show you the animation, because this is the vision of a company out of colorado. et-3, it's developing tube transport technology. it's already issuing licenses to technology partners, similar to what musk has talked
now billionaire ilan musk wants to revolutionize high-speed travel in america. phil lebeau joins us now. we understand his announcement, more details in maybe an hour's time. >> we'll hear about the hyperloop, or at least his vision of it. the hyperloop hoopla is what we're looking at, because we don't have an indication of what he's going to tell us. he told us it's a theory. not a company he's forming. it's his vision of the future. it will be solar-powered and have the cost lower than...
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Aug 15, 2013
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are you concerned about what's happening with earnings, what's happening with corporate america may be also whether or not we're going to get the third quarter growth we're expecting. >> i think a lot of the con ttry ans. we're really focused on the back to school season. if the back to school season starts shaping up a lot stronger in the next week or two, that will stroke the bear sentiment going on in the retail segment. walmart is a big concern. we've seen the walmart print take a beating in the last few sessions but seeing it's starting to rotate from cisco into the mi hohigh flying names app apple. mandy, you know, we heard that 32% of small businesses, the main thing they feel is the biggest stress is u.s. government policy and a lot of regulations. there's still confusion out there. and only 16% of them really thought it was poor sales were their biggest stress. if we can get d.c. out of the way which is our big black swan event for the market, mandy, we're going to keep moving higher. >> and cisco offers business trends sooner than other countries. david lutz, thank you for jo
are you concerned about what's happening with earnings, what's happening with corporate america may be also whether or not we're going to get the third quarter growth we're expecting. >> i think a lot of the con ttry ans. we're really focused on the back to school season. if the back to school season starts shaping up a lot stronger in the next week or two, that will stroke the bear sentiment going on in the retail segment. walmart is a big concern. we've seen the walmart print take a...
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Aug 15, 2013
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author of "branding america." good to have you. should one of us play the liberal? i don't know what to do here. put it all on me. what do you think of the postmaster general and getting rid of saturday delivery, et cetera. they have pension issues, though, is my understanding more than anything. >> there are two provisions that he had kind of talked about, and i think that ending the saturday delivery is just really not that big of a deal. >> it doesn't save enough money. >> here's the bottom line on that. this is what i feel. i feel that he has done a lot to get the postal service back on its feet. look how much -- i think it was $1.9 billion in debt and it's gone from that to 700 million something. so he's done a lot. i don't want them to get a bailout. he's telling them that he doesn't want a bailout. so for congress to pass this, i think it might be, this is just my feeling, i just think it might be in our betterment. i think it might be a good thing to do. >> all right. a group of 87 federal judges writing a letter to congress complaining about the sequester.
author of "branding america." good to have you. should one of us play the liberal? i don't know what to do here. put it all on me. what do you think of the postmaster general and getting rid of saturday delivery, et cetera. they have pension issues, though, is my understanding more than anything. >> there are two provisions that he had kind of talked about, and i think that ending the saturday delivery is just really not that big of a deal. >> it doesn't save enough money....
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Aug 5, 2013
08/13
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big changes in the way america lends for homes, we'll tell you about that. ackman, soros, icahn and wapner. i'll see you at the top of the hour on my show, scotty, meantime, half theim report will be back after this. powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. now get 200 free trades when you open an account. before global opportunities were part of their investment strategy... before they funded scholarships to the schools that gave them scholarships... before they planned for their parents' future needs and their son's future... they chose a partner to help manage their wealth, one whose insights, solutions and approach have been relied on for over 200 years. that's the value of trusted connections. that's u.s. trust. . >>> well, not so fast, steve we
big changes in the way america lends for homes, we'll tell you about that. ackman, soros, icahn and wapner. i'll see you at the top of the hour on my show, scotty, meantime, half theim report will be back after this. powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and...
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Aug 6, 2013
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. >> part two of our made in america series. why the mom and pop manufacturer is good for all of us. back after a break. before their gift helped preserve the point... before a credit solution was used to expand their business... before trusts were created for their grandkids' educations... they chose a partner to help manage their wealth... one whose insights, solutions, and approach have been relied on for over 200 years. that's the value of trusted connections. that's u.s. trust. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything better than before. the new blackberry q10. it's time. so you want to drive more10. safely? of smart. stop eating. take deep breaths. avoid bad weather. [ whispers ] get eight hours. ♪ [ shouts over music ] turn it down! and, of course, talk to farmers. hi. hi. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum ♪ otherworldly thin
. >> part two of our made in america series. why the mom and pop manufacturer is good for all of us. back after a break. before their gift helped preserve the point... before a credit solution was used to expand their business... before trusts were created for their grandkids' educations... they chose a partner to help manage their wealth... one whose insights, solutions, and approach have been relied on for over 200 years. that's the value of trusted connections. that's u.s. trust. time...
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Aug 23, 2013
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but i also think, though, that america needs places for everyone to start. and sometimes the opportunity from the starting role on to grow and develop, i'm just extremely proud of the fact that 75% of u.s. management started with walmart as hourly associates. and this creation of opportunity, it's a great story of america, it's a great story of walmart. so whatever we do, we sure don't want to take away from the opportunity to get started, and the opportunity to grow and be a part of personal growth as well as the growth of our business and growth of america. >> lots of great stuff there. stick around. part two of maria's exclusive interview with mike duke is coming up. she asks him some pretty direct questions, especially about the company's bribery charges in mexico. >> are heads going to roll? is anybody going to get fired over this? >> oh. you'll have to wait to hear -- i wanted to hear the answer to that question. we'll have to wait. >> that's what's caused a tease, bill. >> that would be. you just teased me, kelly. >> that's all coming up. >>> a lot of
but i also think, though, that america needs places for everyone to start. and sometimes the opportunity from the starting role on to grow and develop, i'm just extremely proud of the fact that 75% of u.s. management started with walmart as hourly associates. and this creation of opportunity, it's a great story of america, it's a great story of walmart. so whatever we do, we sure don't want to take away from the opportunity to get started, and the opportunity to grow and be a part of personal...
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Aug 20, 2013
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this gentleman's name was moritz erhardt, a 21-year-old intern with bank of america in london. we had mentioned about him working three days straight. that's not been officially confirmed, nor has it been denied. it was known he is a hard-working guy who had been putting in a lot of hours, was found in his flat in london. authorities are still investigating it. you know, it just brings up the whole culture of the interns working at these banks and getting put through a lot of long hours. i had a chance to speak to a senior person at bank of america who told me, look, you know, it's a terrible tragedy, everybody feels bad about it, but this is -- this is what interns go through. they come here to learn how we operate. we want to see how they operate. and, you know, hopefully somebody gets hired when it's all through. but just a terrible, terrible tragedy, getting a lot of readership, posts up now on cnbc.com. >> all right. thank you so much. jeff, we'll check it out. we'll see you later, jeff cox. >>> 35 minutes left in the trading session here. the dow holding steady with a gai
this gentleman's name was moritz erhardt, a 21-year-old intern with bank of america in london. we had mentioned about him working three days straight. that's not been officially confirmed, nor has it been denied. it was known he is a hard-working guy who had been putting in a lot of hours, was found in his flat in london. authorities are still investigating it. you know, it just brings up the whole culture of the interns working at these banks and getting put through a lot of long hours. i had...
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Aug 19, 2013
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soon ran amuck... [ camera shutters clicking ] ...and has made her the public face of one of corporate america's biggest scandals. >> we're here on a troubled day. >> great disappointment here. >> it is not believable. >> what in the world were you thinking? >> sir... >> she accepts no responsibility, admits no wrong. at the heart of the case, what did pattie dunn know about the pretexting, or the use of pretenses, to get phone records? evidence includes a conference call, apparently with dunn, during which pretexting was allegedly discussed, and notes of an interview with dunn about the case. "dunn thinks it is probable that she was told, 'in some circumstances, they may need to use false pretenses.'" >> i refute those notes. i was never given a chance to review them. this is not a deposition. this was not recorded. if it's going to be used as evidence against me, somebody needs to take my deposition. >> and perhaps the most serious charge against her involves passing along personal information to the investigators to enable the pretexting. the complaint specifically mentions that you gave the
soon ran amuck... [ camera shutters clicking ] ...and has made her the public face of one of corporate america's biggest scandals. >> we're here on a troubled day. >> great disappointment here. >> it is not believable. >> what in the world were you thinking? >> sir... >> she accepts no responsibility, admits no wrong. at the heart of the case, what did pattie dunn know about the pretexting, or the use of pretenses, to get phone records? evidence includes a...
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Aug 8, 2013
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sec bringing a case against bank of america. that's a negligence case is based on the sale of one security or one securitization. one single transaction. and that's it. and you may see more cases like that. but you're not going to see what congress seems to want. what the public seems to want. is executives going to prison. j.p. morgan being indicted. i just don't think that's in the cards here. >> paul, why is this? what has taken so long in the financial crisis was four or five years ago and this thing is still dragging on. >> yeah, this is old news. just to me, department of justice old guys trying to make names for themselves and get the last bit of hidden tax from these institutions. everybody knew what went on a couple years ago. these guys paid lot of money to settle with the state ags on a lot of this stuff. none of this is new. investors know about it. they know about this possible liability out there. i don't think it is material. i think it is headline risk. that's all it is. >> headline risk, but we are talking about
sec bringing a case against bank of america. that's a negligence case is based on the sale of one security or one securitization. one single transaction. and that's it. and you may see more cases like that. but you're not going to see what congress seems to want. what the public seems to want. is executives going to prison. j.p. morgan being indicted. i just don't think that's in the cards here. >> paul, why is this? what has taken so long in the financial crisis was four or five years...
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Aug 1, 2013
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and the america's 244% growth in main land china. operating margins better than expected. >> assuming you believe the model. underneath it there are issues. >> understood. >> talk to me about meacham. >> up 22 years to date, and this is on top of yesterday's. i think you'll have good residential construction numbers, auto, aerospace all in their favor, probably offset by non-commercial construction. any kind of synergiesynergies, becomes the key because it's a much less cyclical company with cooper. >> they've missed revenues for several quarters in a row. their guidance has been below expectations. they point out we're at mid-point of guidance. i often begin to wonder if these guys lowball, lowball, lowball and now they're on the hook for guidance this quarter. >> they really lowball, but it's going to be in margins. it's going to be in every sector of the company no matter the demand revenues. they have done a great job on the margins side. >> you're such a purist. what about weight watchers? >> we're doing weightwatchers. >> weigh
and the america's 244% growth in main land china. operating margins better than expected. >> assuming you believe the model. underneath it there are issues. >> understood. >> talk to me about meacham. >> up 22 years to date, and this is on top of yesterday's. i think you'll have good residential construction numbers, auto, aerospace all in their favor, probably offset by non-commercial construction. any kind of synergiesynergies, becomes the key because it's a much less...
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Aug 21, 2013
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there's bank of america, helped the overall averages. the dow jones industrials in particular moving up here. guys, i think it would be a bullish signal if we could end in anywhere near positive territory. it's a signal the market is getting more comfortable with tapering, and whether the timing is dramatic in september or december, i'm not sure it makes an awful lot of difference. i go with the tapering-light idea. that makes sense to me. back to you. >> all right, bob, thank you so much. >>> joining us now in our "closing bell exchange" is mark, david, doug from ing, and ben willis from albert freed & company. good to see everybody. thank you for joining us. let's talk the markets. first off, what a wild -- what a wild reaction, ben. talk to us about what went on down here when the minutes first came out, about an hour ago. >> i think you saw a reaction with the algorithms that might have been left on during the fed minutes, just the term the few may have been an indication there was a collegial consensus from ben bernanke's fed. it's
there's bank of america, helped the overall averages. the dow jones industrials in particular moving up here. guys, i think it would be a bullish signal if we could end in anywhere near positive territory. it's a signal the market is getting more comfortable with tapering, and whether the timing is dramatic in september or december, i'm not sure it makes an awful lot of difference. i go with the tapering-light idea. that makes sense to me. back to you. >> all right, bob, thank you so...
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Aug 14, 2013
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look at warren buffett's investments in bank of america and goldman sachs. he cut deals that the average investor can't ripley kate so just because he buys doesn't mean you should. >> let's get back to that other sort of issue here whether the use of twitter or social media is fair way, and i'm not saying that that's when is going on all, at all, so let me be clear of it. but the use of social media is sort of a very viable conspiracy theory, isn't it? >> as long as the nvgs -- if the information is distributed equally to all investors that just makes the market more first. that should not be freed. >> people don't understand when the chairman may be tweeting or non-public, yes, yes, regarding links that move the market such as the one icahn made or a mergy announcement. reall know when the earnings announ announcements come out because they are posted on the website. this is an everyone tirely new channel for distributing information, and, therefore, it may give traders information we tonight have and push out spreads and make it more expensive for mutual f
look at warren buffett's investments in bank of america and goldman sachs. he cut deals that the average investor can't ripley kate so just because he buys doesn't mean you should. >> let's get back to that other sort of issue here whether the use of twitter or social media is fair way, and i'm not saying that that's when is going on all, at all, so let me be clear of it. but the use of social media is sort of a very viable conspiracy theory, isn't it? >> as long as the nvgs -- if...
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Aug 21, 2013
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. >>> one of the topo lit call minds in america is set to join us tonight. we're going to ask larry sabato about what's wrong with the deck kratz today. hillary clinton's presidential chnss and get a look at the big new online course and all about the legacy of john f. kennedy. all of those stories and more coming up on "the kudlow report" coming up right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." the federal reserve minutes. did they tell us anything? steve liesman joins us in jackson hole. >> good evening, larry, from jackson hole where the fed is gathering. they're gathering without ben bernanke and mario draghi. the fed is releasing its minutes from the july meeting in which it showed no clear intention as to the tapering in september. the committee is split with a few members saying the fed should be patient before tapering. there was not enough economic data and a few members saying the fed should stick to the plan announced in june. quote, it might soon be time to taper. almost all of the participants were pretty c
. >>> one of the topo lit call minds in america is set to join us tonight. we're going to ask larry sabato about what's wrong with the deck kratz today. hillary clinton's presidential chnss and get a look at the big new online course and all about the legacy of john f. kennedy. all of those stories and more coming up on "the kudlow report" coming up right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." the federal reserve...
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Aug 23, 2013
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certainly nobody in america -- >> absolutely. i have been on this one, i think others of us on the desk thought that was a washout at the end of the second quarter. congratulations. you have a windfall, a 200-point jump in the price per ounce of gold over the last month and a half. >> and jon pretty much nailed the bottom on the gold trade, i didn't. i have been sticking to this and i still stick with it today. it looks to me like this is an oversold rally off a commodity in a down trend. i wouldn't be jumping in. >> if you look at oil, this also has, too, rallied. i think you want to look at some of the energy stocks because they have underperformed. >> can we give a shout out to dennis gartman because i believe he called the bottom in gold about six to seven weeks. d. gart. >> moving from the lower left to the upper right. >> he's always happy about my hokies doing well. dennis, if you're out there, good call. >>> up next, morgan stanley's chief u.s. economist vince reinhardt will join us live from jackson hole. does he believe
certainly nobody in america -- >> absolutely. i have been on this one, i think others of us on the desk thought that was a washout at the end of the second quarter. congratulations. you have a windfall, a 200-point jump in the price per ounce of gold over the last month and a half. >> and jon pretty much nailed the bottom on the gold trade, i didn't. i have been sticking to this and i still stick with it today. it looks to me like this is an oversold rally off a commodity in a down...
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Aug 16, 2013
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alcoa downgraded to underperform at bank of america and merrill lynch. >> it's all about whether or not aluminum prices will hold up. they have been dropping and in the steady decline for a while, and ultimately alcoa is an aluminum maker. produced this stuff. if you can't sell it for as much it will weigh on the results and you can't even talk about the whole idea of this lawsuit or this allegation that they are possibly holding down aluminum prices with the certain warehouse establishments. certainly something to watch. >> jetblue and raymond james is upgrading this one to market perform. this is a sector we've been watching very closely this reason for many reasons. >> if you live in the washington, d.c. area because american has great hubs at reagan national, whether or not they emerge with u.s. airways or not, raymond james says it could be an interesting scenario developing. if the merger actually doesn't happen, maybe it becomes a takeover target for the likes of american, but if it does happen jetblue get the long sought after spots at a hub like reagan international. >> an agre
alcoa downgraded to underperform at bank of america and merrill lynch. >> it's all about whether or not aluminum prices will hold up. they have been dropping and in the steady decline for a while, and ultimately alcoa is an aluminum maker. produced this stuff. if you can't sell it for as much it will weigh on the results and you can't even talk about the whole idea of this lawsuit or this allegation that they are possibly holding down aluminum prices with the certain warehouse...
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Aug 9, 2013
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joining me today, ed vorhees, president of rustoleum north america. thanks so much for joining us and ron rice is here, president and ceo of rpm international and, because, because we can't talk about this, we actually have to show our viewers what it's all about. >> that's the fun part. >> you've brought in for me today, maybe we can take a look here, a pair of shoes, and these shoes have already been sprayed in advance with never wet. >> they have, and it's a two-step process, mandy. the first part is part and it forms a base coat. you wait half an hour and put on the second coat, which is part b, and wait 30 minutes and you're ready to go. >> and it feels kind of like rubbery. >> a little -- a little texture to it. >> yeah. what exactly is the key ingredient here? i mean, is it hazardous, for example? >> no, it's not hazardous. everything here has been used in the cosmetic and food industry for over 20 years. very safe. >> let's do the demo. i'm going to go over here. you brought along with fruit pun. and we can all spill at a lively party, and i'l
joining me today, ed vorhees, president of rustoleum north america. thanks so much for joining us and ron rice is here, president and ceo of rpm international and, because, because we can't talk about this, we actually have to show our viewers what it's all about. >> that's the fun part. >> you've brought in for me today, maybe we can take a look here, a pair of shoes, and these shoes have already been sprayed in advance with never wet. >> they have, and it's a two-step...
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Aug 13, 2013
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jane wells has america's obsession with football, just hit a new high? >> reporter: mandy, it certainly has. if you talk about the money, we're not going to talk about apple, we're going to talk about nike. i'm the university of oregon with the head coach and the star quarterback, talking about the duck star, the $68 million facility that phil knight has built for the university. i don't even know where to begin with this. what is the most over-the-top element, coach, the first thing you first saw, you went, "oh, my god"? >> for us, it's the function at. i know a boring answer. we've not had a space like this from an educational standpoint to teach and coach our guys and the field space out here is something we've never had before. >> reporter: it's not your personal hot tub and the -- >> no personal hot tub, no. no. it's obviously a superhero. unbelievable. >> marcus, when you walked in, what was your first reaction? >> i was speechless. it's unbelievable. you walk in, and there's 55, 65-inch tvs in the lobby. >> and in the lounge, the italian leather a
jane wells has america's obsession with football, just hit a new high? >> reporter: mandy, it certainly has. if you talk about the money, we're not going to talk about apple, we're going to talk about nike. i'm the university of oregon with the head coach and the star quarterback, talking about the duck star, the $68 million facility that phil knight has built for the university. i don't even know where to begin with this. what is the most over-the-top element, coach, the first thing you...
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Aug 7, 2013
08/13
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in fact, bank of america and merrill lynch estimates this u.s. exports doubled from the end of 2007 until the end of last year. the major reason is diesel fuel. a strong demand for that product especially in emerging markets. the u.s. exported about 1 million barrels a day of diesel fuel last week, roughly the same we've seen the previous few weeks but up from 840,000 earlier this summer, and the reason for this is that diesel margins are higher than gas margins. as of the mid-year, margins on gulf coast produced diesel were running just above $16 for barrel while for finished gasoline they were just under $8 a barrel. that's roughly double, according to valero. many refiners have done simple things to change their product mix, shell, marathon petroleum and also valero expanding their export terminals ald of and noting that the gulf coast refiners are benefitting from this trend over the east coast refiners. the shipping costs are preventing the east coast refiners from tapping into the domestic oil supplies which is cheaper. east coast has to re
in fact, bank of america and merrill lynch estimates this u.s. exports doubled from the end of 2007 until the end of last year. the major reason is diesel fuel. a strong demand for that product especially in emerging markets. the u.s. exported about 1 million barrels a day of diesel fuel last week, roughly the same we've seen the previous few weeks but up from 840,000 earlier this summer, and the reason for this is that diesel margins are higher than gas margins. as of the mid-year, margins on...
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Aug 9, 2013
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. >> bank of america missed it. they only covered their short. they have a sell at $59. we own it and i actually think i'm going to get a better price to buy more on monday after they release their china sales, their comps. i think the comps will make progress certainly. certainly better than the 40% decline we saw in february. however, the expectations are pretty high that things are getting better. long term like this story which is why on weakness on monday, i'd be inclined to buy it. the costs continue to come down, they continue to invest in their business, and then if you get the china turn, just because they fixed these problems, these chicken supply problems, you have a lot of operating leverage to the bottom line next year. >> weiss, potash? >> so we know that last week you saw the cartel fall apart in belarus. that was creating forecasts of 300 hours down. i bought the stock and sold it that day and the next day. i'm back into it. you had potash come out and say we expected the cartel to get back together. you have bhp say positive things about potash. to me it
. >> bank of america missed it. they only covered their short. they have a sell at $59. we own it and i actually think i'm going to get a better price to buy more on monday after they release their china sales, their comps. i think the comps will make progress certainly. certainly better than the 40% decline we saw in february. however, the expectations are pretty high that things are getting better. long term like this story which is why on weakness on monday, i'd be inclined to buy it....
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Aug 5, 2013
08/13
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. >> you're looking at the abundance of america, in a way. >> absolutely. >> you've got to see what i found over here. >> a half-trillion-dollar industry that touches us all. >> you are empowered to make. somebody's day. >> did you find everything you needed today? >> take a deep breath, because we're gonna wow you. >> a billion and a half dollars worth of groceries sold every day, reflecting what we want and who we are. i'll bet most people think theye
. >> you're looking at the abundance of america, in a way. >> absolutely. >> you've got to see what i found over here. >> a half-trillion-dollar industry that touches us all. >> you are empowered to make. somebody's day. >> did you find everything you needed today? >> take a deep breath, because we're gonna wow you. >> a billion and a half dollars worth of groceries sold every day, reflecting what we want and who we are. i'll bet most people think...
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Aug 19, 2013
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and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. >>> are interest rates rising in response to the possibility of a tight money larry summers-led fed? the u.s. 10-year yield climbed another six basis points today after climbing six basis points on friday. that's when cnbc's john harwood broke news that a white house source calls summers' chances for fed chair as 2 in 3. so is summers really obama's first pick? austan goolsbee. all right. let's talk turkey. you know these guys very, very well. i am not going to let you worm out of this. question, would larry summers be more tightfisted than janet yellen as fed chair? by the way, my distinguished co-host governor scott walker is still here. go ahead, austan. is summers the tight-fisted guy the bond market is worried about? >> we never
and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. >>> are interest rates rising in response to the possibility of a tight money larry summers-led fed? the u.s. 10-year yield climbed another six basis...
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Aug 14, 2013
08/13
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i mean, america west and u.s. airway, together, bankrupt three times. so you're comparing apples and oranges. yes, it's better. yes, the pricing is better. it should be, oil's up 400%. the facts are that unless you have a network that's competitive with united and continental -- with united and delta, you are not going to be making all of the record profits. the big corporations book on networks not on individual city pairs. >> okay. one of the things i'm always concerned about is the fact that in the newspapers, the only thing they've been talking about, and on air, is what's happening to the airlines. we need bigger airlines so they can compete with each other. what we need is we need airlines to care about their consumers. they treat consumers and passengers with dignity, with -- to tell us what the prices are going to be. let us know what the fees are going to be, and they don't stick their thumb right in the eye of the regulators and of legislators by raising change fees by 50 bucks during the discussion of a merger. >> -- that's got nothing to do
i mean, america west and u.s. airway, together, bankrupt three times. so you're comparing apples and oranges. yes, it's better. yes, the pricing is better. it should be, oil's up 400%. the facts are that unless you have a network that's competitive with united and continental -- with united and delta, you are not going to be making all of the record profits. the big corporations book on networks not on individual city pairs. >> okay. one of the things i'm always concerned about is the...
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Aug 14, 2013
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asia and europe have crossed over, as well, with the americas lagging for us. and i'll tell you, our european numbers, part of the formula for us there is excellent execution with our components team in europe, who has been gaining share in the recent quarters. >> i want to give you guys some credit because electronics marketing was never enough. you went into this more value-added business. what would your numbers have been like, rick, if you stuck just with the big supermarket and nothing else? >> you know, jim, i'm not sure how to answer on that one alone, but the electronics marketing business does offer us better margin expansion capabilities because the long-term goal for that business is to run it at 5 to 5 1/2 where our computer business is more in the 3.4% to 3.9% range and we balance today at 60/40 components and computers and you mix that in and then the geographic shifts that have the impact will communicate clearly and transparently with our investors. >> i felt that combination allows you to do that dividend without making me feel that next quarte
asia and europe have crossed over, as well, with the americas lagging for us. and i'll tell you, our european numbers, part of the formula for us there is excellent execution with our components team in europe, who has been gaining share in the recent quarters. >> i want to give you guys some credit because electronics marketing was never enough. you went into this more value-added business. what would your numbers have been like, rick, if you stuck just with the big supermarket and...
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Aug 27, 2013
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eight, while tesla had only been sold in north america so far musk came up with international numbers. he's got demand for 10,000 cars in europe. 5,000 cars in asia. but, and i quote, this could be so much bigger number. because china is a wild card. given the price of gasoline in europe is almost double ours and the pollution in china is a national disgrace it makes sense tesla will be able to rack up pretty hefty overseas sales. right? musk made it clear because the international markets there will be a, quote, fairly significant increase in volumes next year. ninth, musk said tesla would spend another $200 million with the company's cash on hand. then the build out would be done. no more need to spend. no more need to raise. which brings us to number ten. number ten. the most important part of the call. the phrase that shook the world was, quote, we don't have any plans right now to raise funding. huh? i mean, the bears were like, what? no stock offering? huh? nothing that will allow us to cover our shorts? how can they do that? don't they know without a stock offering the shorts w
eight, while tesla had only been sold in north america so far musk came up with international numbers. he's got demand for 10,000 cars in europe. 5,000 cars in asia. but, and i quote, this could be so much bigger number. because china is a wild card. given the price of gasoline in europe is almost double ours and the pollution in china is a national disgrace it makes sense tesla will be able to rack up pretty hefty overseas sales. right? musk made it clear because the international markets...
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Aug 5, 2013
08/13
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in terms of some of the most active stocks, we can turn our attention to the likes of ford, bank of america, and also pfizer, sprint, nokia, movement in the telecom names. all-time highs today despite the lower market hit for names like costco, 20th century fox, dow chemical, jm smucker's, tyson foods, also talking about patterns it's seeing across the emerging market space. but a lot of talk about demand for beef and chicken and what that means for consumers. 20th century fox down by .5%, and tons of talk today about what's happening in the cable space. comments in the "wall street journal" from cablevision ceo talking about the trend that he's seeing with that company and whether they're even going to offer cable or simply have broadband in the future. in the meantime, of course, the spat continues between time warner and cbs as people wait to see how that one will be resolved. looking forward to the sports. of course, showtime. that's the closing bell down here at the new york stock exchange. [ closing bell sounding ] being rung. that's the nasdaq, as well, where we're looking potentiall
in terms of some of the most active stocks, we can turn our attention to the likes of ford, bank of america, and also pfizer, sprint, nokia, movement in the telecom names. all-time highs today despite the lower market hit for names like costco, 20th century fox, dow chemical, jm smucker's, tyson foods, also talking about patterns it's seeing across the emerging market space. but a lot of talk about demand for beef and chicken and what that means for consumers. 20th century fox down by .5%, and...
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Aug 13, 2013
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america, be warned. it is intense. the focus this week, might not seem intense, but it is, the popcorn business. >> what assurance have that you don't screw me? >> how could i screw you? >> take money out of company without telling me or turn a popcorn store into a creepry. >> there's risk factors on both ends. you don't know me and i don't know you. all i can say is you'll have to trust me on this one. >> do i have to wonder if you're going to steal? >> no. >> do i have to wonder if you're going to undermine me. >> no. >> do i have to wonder if you're going to go around my back to try to do something to hurt me? >> you have nothing to worry about me as far as integrity or undermining you. >> and you can say that without any reservation? >> 100%. >> integrity is one of the pillars in business and based on what i've seen at the storefront i'm starting to lose trust. >> don't make me cry. you're making me look like a liar and i'm not. >> you lied to me. >> when did i lie to you? did you say to me today are you trying to
america, be warned. it is intense. the focus this week, might not seem intense, but it is, the popcorn business. >> what assurance have that you don't screw me? >> how could i screw you? >> take money out of company without telling me or turn a popcorn store into a creepry. >> there's risk factors on both ends. you don't know me and i don't know you. all i can say is you'll have to trust me on this one. >> do i have to wonder if you're going to steal? >> no....
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Aug 20, 2013
08/13
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so far, united, bank of america, verizon, intel and cisco. that basically does it, tyler. >> that's right. >> for this edition of "power lunch." >> remember, simon, weed does no cure the common cold. that will do it for this edition of "power lunch." "street signs" starts now. >> well, apparently the death of the american consumer has once again been greatly exaggerated. retailers everywhere are soaring today. we've got your full roundup of the winners and even bigger winners ahead along with what's old that seems to be new again. we'll explain. >>> so what is the safest place for your hard-earned cash right now? the ceo of one of wall street's biggest firms brings you actionable advice. >>> plus, left for dead stocks. should you take n
so far, united, bank of america, verizon, intel and cisco. that basically does it, tyler. >> that's right. >> for this edition of "power lunch." >> remember, simon, weed does no cure the common cold. that will do it for this edition of "power lunch." "street signs" starts now. >> well, apparently the death of the american consumer has once again been greatly exaggerated. retailers everywhere are soaring today. we've got your full roundup of...
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Aug 22, 2013
08/13
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that's the way it is in america. executives, pr executives are also gone. >> i totally disagree. >> reporter: i expect you would. i'm throwing this out there. >> they didn't have a phone? >> the pr executive is not on vacation on mars. he has a cell phone. let's be clear. we shouldn't be surprised about this because based on the nasdaq's response to the flash crash, the nasdaq's response to facebook, this is par for the course. >> reporter: i agree. but what i'm saying is what we've learned, again, in second oddly worded statement is effectively this, it wasn't the nasdaq. it was a third-party participant with some weird connectivity issue, apparently. so i'm only pushing back a little bit not because i'm standing here. nobody is here. nobody will throw me out. it would take two twice to do it anyway. it's a third-party maybe they didn't know. >> tom, founder of staples talked to me tonight on a differentict but we went through this a little bit. he used to be a board member. a very big supporter of greifeld. he said
that's the way it is in america. executives, pr executives are also gone. >> i totally disagree. >> reporter: i expect you would. i'm throwing this out there. >> they didn't have a phone? >> the pr executive is not on vacation on mars. he has a cell phone. let's be clear. we shouldn't be surprised about this because based on the nasdaq's response to the flash crash, the nasdaq's response to facebook, this is par for the course. >> reporter: i agree. but what i'm...